ADVFN - Advanced Financial Network.
HOME» NYSE » C » CHK Stock Price » CHK Stock News

Chesapeake Share News

 Chesapeake Energy Corp. Stock Price
CHK Stock Price
 Chesapeake Energy Corp. Stock Chart
CHK Stock Chart
 Chesapeake Energy Corp. Stock News
CHK Stock News
 Chesapeake Energy Corp. Company Information
CHK Company Information
 Chesapeake Energy Corp. Stock Trades
CHK Stock Trades

Chesapeake Looking to Sell Some Acreage in Ohio, Adviser Says

By Ben Lefebvre Chesapeake Energy Corp. (CHK) put large pieces of its holdings in Ohio oil fields up for sale Monday, assets that the cash-strapped company had said would yield some of the best oil it had drilled. The 337,000 net acres in the Utica and Pleasant Trend fields are the latest land holdings that Chesapeake has put up for sale as it tries to rein in $13 billion in long-term debt. The acres are in oil-rich fields, however, just as Chesapeake tries to focus its production away from natural gas, prices of which are only recently up from a decade's low. Chesapeake is selling the acres because the company is reducing its capital expenditure budget, according to documents the company sent Meagher Energy Advisors, an energy-asset-management firm. The changed budget is "altering the company's plans to develop all of its highly-prospective Utica acreage," Chesapeake said in the documents. Write to Ben Lefebvre at ben.lefebvre@dowjones.com

Stock News for Chesapeake (CHK)
DateTimeHeadline
09/01/201513:49:00New Approach to Natural-Gas Could Keep Prices Low
08/24/201510:10:00Icahn Gets Board Seats From Cheniere
08/24/201509:59:00Icahn Gets Board Seats From Cheniere
08/21/201507:01:00Notice of Proposed Voluntary Dismissal of Derivative Action
08/11/201517:06:10Companies Pull Back on CEO 'Failure Parachutes'
08/06/201520:10:20Icahn Group Holds 8.18% of Cheniere
08/05/201510:00:19U.S. Hot Stocks: Hot Stocks to Watch
08/05/201509:30:07Chesapeake Energy Takes $4 Billion Write-Down Amid Weak Oil Prices
08/05/201509:14:32Chesapeake Energy Takes $4 Billion Write-Down Amid Weak Oil Prices
08/05/201507:01:00Chesapeake Energy Corporation Reports 2015 Second Quarter Financial...
07/28/201516:00:00Lonestar Announces Joint Development Agreement With IOG Capital
07/21/201510:20:08Chesapeake Energy to Drop Dividend
07/21/201510:05:56Chesapeake to Eliminate Dividend to Pay for Capital Spending
07/21/201507:01:00Chesapeake Energy Corporation Updates Financial Strategy
07/11/201510:30:03Why Chesapeake Energy, Clean Energy Fuels, and Legacy Reserves...
07/11/201507:11:033 Types of Risks Facing Natural Gas Stocks
07/10/201517:09:17Judge Orders Chesapeake to Pay $379.7 Million in Bond-Redemption...
06/12/201516:27:443 Stocks to Watch in Oil Rigs
06/05/201513:04:02How Energy Companies Are Raising Cash In A Pinch
06/02/201517:11:59The Competitive Advantage of the Best Natural Gas Stocks

Chesapeake Energy and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad